Engineer Gold Mines Ltd. provided an update on its 100%-owned Engineer District property, which covers 29,593.47 hectares in a 35-km-long contiguous claim grouping near Atlin in northwest British Columbia. The Property was consolidated by the Company from 2018 ­ 2022, and includes the historical high-grade Engineer Gold Mine, the TAG developed prospect, and 17 additional known mineral occurrences. The Company is currently compiling prior owner and historical data in a way that has not been possible in the past due to fractured ownership.

This holistic view of existing data is allowing the Company to identify exploration gaps and opportunities for development and discovery, which will continue to be released in the coming weeks as work progresses. Mineralization in the TAG area occurs along a NNE-trending shear zone termed the 025FZ, which can be traced for 6.2 km across the northern portion of the Engineer District property. Similarities exist between the 025FZ and Shear A, an important control on mineralization at the Engineer Gold Mine.

Both structures are second-order splays of the metalliferous Llewellyn Fault, contain multi-phase quartz breccia zones with low-grade gold ranging from metres to tens of metres wide, and are continuous for more than one kilometre. At the Engineer Gold Mine, high-grade ore was mined from narrow dilational veins oblique to Shear A, however similar structures have yet to be discovered along the 025FZ. Since its discovery in 1987, the TAG area saw limited exploration until 2006, when CZM Capital Corp.

acquired the claims and completed soil geochemical sampling, an airborne geophysical survey, prospecting, surface trenching, and diamond drilling. A total of 11,519 m were drilled in 69 drillholes along the 025FZ, leading to a resource estimation along ~700 m of mineralization near the southwest extent. A historical resource estimate contains 250,000 t of 2.97 g/t Au & 12.09 g/t Ag indicated and 400,000 t of 2.98 g/t Au & 9.91 g/t Ag inferred material (Reddick & Armstrong, 2009).

Of the 64 drillholes that intersected the 025FZ, only 19 drillholes of higher-grade intercepts were used in the resource estimation.